ITD Cementation secures Rs. 517-cr contract

    ITD Cementation Inland Waterways
    Inland Waterways Authority of India (IWAI) has awarded the Rs. 517-cr contract to ITD Cementation entailing an investment of Rs. 517cr. The scope of work in the project entailed the construction of multi-modal terminal at Haldia in West Bengal and the project is slated to be completed by August, 2019. After completion, the IWAI expects 7.95 million tons per annum (MTPA) of cargo traffic at the Haldia terminal by 2020 and the cargo projection for 2025 is 15.59 MTPA and will be growing up to 24.04 MTPA in 2045. Given its location, the terminal will be used to transport coal, fly ash, chemicals, petroleum & gas, construction materials, fertilizers and edible items as with rail and road interconnectivity. It is one of the three multi-modal terminals to come up on the Ganga River under the Jal Marg Vikas Project (JMVP) of IWAI in line with IWAI's commitment for a time-bound completion of work on NW-1, Chairman, IWAI, Amitabh Verma said in a statement, adding that the contract for multi-modal terminals at Varanasi (Rs. 170cr) in Uttar Pradesh and Sahibganj (Rs. 280cr) in Jharkhand have already been awarded earlier this year and construction works have also started at both the locations. It is worth mentioning here that government is developing the National Waterway-1 under the Jal Marg Vikas Project, with technical and financial assistance of the World Bank at an estimated cost of Rs. 5,369cr.
    CURRENTLY ONLINE
    We have 379 guests and no members online

    NBM&CW

    New Building Material & Construction World

    New Building Material & Construction World
    MGS Architecture

    Modern Green Structures & Architecture

    Modern Green Structures & Architecture
    L&ST

    Lifting & Specialized Transport

    Lifting & Specialized Transport
    II&TW

    Indian Infrastructure & Tenders Week

    Indian Infrastructure & Tenders Week